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CGX Energy Inc V.OYL

Alternate Symbol(s):  CGXEF

CGX Energy Inc. is a Canada-based oil and gas exploration company. It is focused on the exploration of oil in the Guyana-Suriname Basin and the development of a deep-water port in Berbice, Guyana. The Company, through one of its subsidiaries, holds an interest in a Petroleum Prospecting Licence (PPL) and related Petroleum Agreement (PA) on the Corentyne block in the Guyana Basin, offshore Guyana. The Company, through its subsidiary Grand Canal Industrial Estates, is constructing the Berbice Deep Water Port. This facility, located on the eastern bank of the Berbice River, adjacent to and north of Crab Island in Region 6, Guyana, is being constructed on 30 acres with 400 m of river frontage. Its subsidiaries include CGX Resources Inc., GCIE Holdings Limited and CGX Energy Management Corp. It is the operator of the Corentyne block and holds a 27.48% working interest. Its Wei-1 exploration well is located west of the Kawa-1 discovery in the northern region of the Corentyne block.


TSXV:OYL - Post by User

Bullboard Posts
Comment by Rapsanion Aug 07, 2020 12:09pm
155 Views
Post# 31379386

RE:RE:RE:CGX with a press release of positive news????

RE:RE:RE:CGX with a press release of positive news????yes.. 20 years (gees, maybe even 21 .. i can't recall if I first bougt in 1999 on a 'tip').    So lets add the positive news.. stock is up 14% today ..   I see in Level 2 bid/ask is .41/.42 with over 50,000 shares bidding over .40.   So hope this begins the upward momentum.
Bullboard Posts